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Kogi state Govt Seals Dangote Cement Factory Over Alleged Tax Evasion


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According to reporters on the ground, KGIRS sealed the company on Wednesday, October 05, 2022, over the tax evasion and acquisition controversy.

Who gave the order?: The action was reportedly backed by the Kogi State House of Assembly. Kingsley Fanwo, the Kogi State Commissioner for Information, was quoted as saying: “Under the Constitutional authorities of the Kogi State House of Assembly, and upon petition by the people of Kogi State, an investigation was carried out on the acquisition of Obajana Cement Company by Dangote Company.

 

“It was found that no valid acquisition took place, as Dangote could not show evidence of what was paid as consideration for the acquisition.

The legislators invited the Chairman of the Company, Aliko Dangote, before the house for explanations but he failed to appear before the state assembly, giving the excuse “The House of Assembly, therefore, ordered the closure of the company pending when they can present it with credible evidence of a valid acquisition.”
 

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